Test the hypothesis using the classical approach and the P-value approach. H0: p = 0.45 versus H1: p < 0.45 n = 150, x = 62, α = 0.05 (a) Perform the test using the P-value approach. P-value = ______ (Round to four decimal places as needed.) (b) Compar

Test the hypothesis using the classical approach and the P-value approach.

H0: p = 0.45 versus H1: p < 0.45

n = 150, x = 62, α = 0.05

(a) Perform the test using the P-value approach. 

P-value = ______ (Round to four decimal places as needed.)

(b) Compare the P-value with the level of significance alphaα.

(example: There is not sufficient evidence at the α = 0.05 level of significance to reject the null hypothesis)